Amex Exploration Inc. (CVE:AMX) Director Purchases C$30,900.00 in Stock

Amex Exploration Inc. (CVE:AMX) Director Victor Cantore bought 30,000 shares of Amex Exploration stock in a transaction dated Tuesday, January 28th. The stock was acquired at an average price of C$1.03 per share, with a total value of C$30,900.00.

Amex Exploration Trading Up 3.9 %

CVE AMX opened at C$1.06 on Friday. Amex Exploration Inc. has a 1-year low of C$1.00 and a 1-year high of C$2.08. The firm’s fifty day simple moving average is C$1.11 and its 200-day simple moving average is C$1.31. The company has a market capitalization of C$121.88 million, a PE ratio of 106.00 and a beta of 1.95.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on AMX shares. Ventum Financial raised Amex Exploration from a “negative” rating to a “buy” rating and increased their price objective for the stock from C$1.10 to C$2.00 in a research note on Monday, November 25th. Ventum Cap Mkts upgraded Amex Exploration from a “hold” rating to a “strong-buy” rating in a report on Monday, November 25th.

About Amex Exploration

Amex Exploration Inc, together with its subsidiaries, engages in the exploration of gold mining properties in Canada. The company holds interest in the Perron project and the Lebel-sur-Quévillon project located in Quebec. It also holds interest in the Eastmain River South, North, and Central projects located in Chibougamau, Quebec.